Area Intelligence

MEDAN JAYA COMMERCIAL CENTRE

8 properties
Median Price
RM 385,000
PSF: RM 301

Commercial Market

Median Price

RM 385,000

IQR: RM 387
MAD: RM 92
RM 301 PSF 208.1%

PSF Trends (2021-2025)

MEDAN JAYA COMMERCIAL CENTRE in Bahagian Bintulu, Sarawak recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 385K and a median price per square foot (PSF) of RM 301.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 385K, with most transactions falling within a stable range of RM 275K to RM 495K, and a typical market range of RM 250K to RM 520K.

Most transactions involved shop unit/retail lot, though some variety exists in the market.

Price per square foot shows a median of RM 301, though individual units vary from RM 210 to RM 393 in the core range. The broader market spans RM 107.63 to RM 494.38, indicating diverse property characteristics. A wider spread (IQR: RM 386.75) and deviation (MAD: RM 92) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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MEDAN JAYA COMMERCIAL CENTRE, Bahagian Bintulu, Sarawak

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Transactions

8 properties found

3-Storey Storey Shop
JALAN TUN HUSSEIN ONN
RM 1,200,000
PSF: RM 915.00
Area: 1,312 sqft
Date: Feb 2024
Shop/Retail Lot
RM 630,000
PSF: RM 767.00
Area: 821 sqft
Date: Jul 2023
Shop/Retail Lot
RM 550,000
PSF: RM 622.00
Area: 884 sqft
Date: Jul 2023
Shop/Retail Lot
RM 300,000
PSF: RM 305.00
Area: 984 sqft
Date: Jul 2023
Shop/Retail Lot
RM 250,000
PSF: RM 213.00
Area: 1,174 sqft
Date: Jul 2023
Shop/Retail Lot
RM 350,000
PSF: RM 297.00
Area: 1,179 sqft
Date: Jul 2023
Shop/Retail Lot
RM 420,000
PSF: RM 291.00
Area: 1,442 sqft
Date: Jul 2023
Shop/Retail Lot
RM 300,000
PSF: RM 206.00
Area: 1,457 sqft
Date: Jul 2023